“Let’s get ready to ruuuuuuuuuuummmmmm–”
Sorry. I mean, “Let’s get ready to talk NFTs!”
That’s why you came here, right?
If you live under a rock or otherwise don’t know, UFC stands for Ultimate Fighting Championship, a brand synonymous with some of the most brutal entertainment you can indulge in. That is, apart from the 2019 movie version of the musical Cats. (Mee-ouch.)
As an extreme sport, the UFC attracts very loyal fans and aficionados. Go ahead and name another pastime where consumers display such fervor and excitement.
Here’s one: how about the world of cryptocurrency?
To be fair, crypto folks may not be as quick to grab each other into chokeholds, but regarding hot NFTs, they can be pretty aggressive.
What would it look like if those two worlds collided?
Turns out they already have–and it’s a mashup worth exploring. Let’s climb into the cage and see what type of trouble we can get into with UFC NFTs.
Own the Moments You Remember Most
Remember how you felt when Holly Holm knocked out Rhonda Rousey? Do you remember where you were when you saw Connor McGregor’s leg snap like a Thanksgiving wishbone? Or Anderson Silva’s? Or Spencer Fisher’s flying knee?
Well, with UFC NFTs, your memories become currency.
Panini–not the edible kind, but the collectible kind–offers digital trading cards of memorable UFC fight moments. You can purchase them in “packs,” much like regular trading cards.
Even better, the licensing of the cards offers a unique split. The fighters receive 50% of the profits, up from the 30% they typically receive from merch, and it’s a nice perk given how the UFC tends to pay their fighters.
It also makes sense because of the brain damage they sustained in order to produce these NFTs. I know it’s relatively easy to manipulate images in Photoshop, but I doubt many faces were broken to produce most other NFTs.
Fighters pay a pretty high price for that IP. They deserve every penny. So, if you want to pack a bigger punch in your NFT collection, you might like UFC Strike.
UFC Strike: the GIF that Keeps on Giving (punches)
We talked about images through Panini, but video would up the game.
And that’s what the UFC did when it partnered with Dapper Labs to create UFC Strike.
UFC Strike features fan-favorite videos offered as NFTs. Those videos include famous fight moments and even announcer reactions.
Who wouldn’t want an NFT of Joe Rogan freaking out about an upset in a fight? Speaking of which, this minute-long clip of Joe reacting to fights may whet your appetite to grab some UFC Strike.
Strike has a pretty interesting tiered-level approach to minting.
- Fandom: Uncapped number of UFC moments
- Contender: 10,000 to 25,000 minted
- Challenger: 250 to 999 minted
- Champion: 25 to 99 minted
- Ultimate: 1 to 10 minted (most rare)
Dapper Labs makes it easy to get involved in the project because they own their own blockchain. They certainly make it easy for UFC enthusiasts to think less about digital wallets and more about kicks to the face.
UFC–Ultimate Fighting… Crypto?
Like I said at the beginning of this article, “Let’s get ready to–”
Wait a second. Did you know that Michael Buffer, the guy who announces boxing matches with that iconic phrase, gets paid between $25,000 and $100,000 per fight and has a net worth of over $400 million? He holds a trademark on that phrase too.
But if catchphrases don’t come to you easily, you may want to stick with investing in crypto and try to make your millions that way. And UFC NFTs may be worth fighting for.
If you don’t get entertained by a good beatdown, why not check out some play-to-earn (P2E) cryptos that may feel a little safer for you.
Whether playing games or watching fights, what you need is a good mixed drink in the metaverse. Check out booze in the metaverse. I promise you’ll still be able to drive after reading.